Trading with a bank loan for a commodity that has not been seen

Question:
Honorable Shaykh, may Allah grant you success. He says: I took a loan from a bank, and the commodity, as they say, was rice. He says: I did not see this commodity; it was just the employee's words. I entered into trade through this loan. His question is: Should I continue with this trade?

Answer:
My brother, you say you bought the rice, but you did not see it. How can you buy it when you have not seen it? This is not permissible. It is obligatory that you see the rice and that it be the property of the bank. You buy it from them, take possession of it, and sell it to someone else. This is not permissible. It is obligatory to fulfill these conditions: you must see the commodity first, it must be the property of the seller at the time of the contract, you must take possession of it, and then sell it to someone else.